Bearish MACD for Carpenter Technology – Tale of the Tape (CRS)

Zacks Carpenter Technology Corporation’s (CRS) MACD indicator has moved into bearish territory with a reading of -0.7341. The Zacks #4 Rank (“Sell”) stock decreased more than 4% to $44.64 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending June 2012 has decreased by 9 cents over the past week to $2.51 per share.

CARPENTER TECH (CRS): Free Stock Analysis Report

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply